Late Day Update 12-8-2016.

1. Yi: +8.2
2. CAFE is trying to bottom out here.
3. DPS is up against the 65 DMA.
4. KO is up against the 28 DMA.
5. MSI and SMH are up against rising trend line resistance.
6. BBBY, HD and NDAQ are moderately overbought.
7. BWA, CW, FL, IR, IWM, MDY, MSI, PAG and POT are at the average overbought level.
8. IJH, IJR, IYG, IYJ and PRU are extremely overbought.
9. CW is a bit toppy here.
10. DRI and IYG have gone parabolic.
11. Anything posted here may be off base.